Susquehanna International Group Portfolio holdings
Susquehanna International Group (SIG), founded in 1987 by Jeff Yass and a group of friends, is a privately held global quantitative trading and technology firm headquartered in Bala Cynwyd, Pennsylvania. Specializing in trading equities, fixed income, commodities, derivatives, and ETFs, SIG has grown into a major market maker, handling around 600 equity options and 45 index options across exchanges like the CBOE, while employing over 3,000 people worldwide. The firm leverages a data-driven, probabilistic approach—rooted in the founders’ poker-playing days—to provide liquidity and competitive pricing in financial markets, with additional ventures in private equity, venture capital (notably an early investment in ByteDance, TikTok’s parent company), and sports betting analytics. Known for its innovative culture and use of game theory, SIG operates offices across North America, Europe, Asia, and Australia, maintaining a low-profile yet influential presence in global finance.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
NVIDIA
NVDA
|
+$1.79B |
| 2 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$576M |
| 3 |
Microsoft
MSFT
|
+$546M |
| 4 |
iShares MSCI EAFE ETF
EFA
|
+$436M |
| 5 |
JPMorgan Chase
JPM
|
+$324M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$2.48B |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.73B |
| 3 |
iShares Russell 2000 ETF
IWM
|
+$765M |
| 4 |
Apple
AAPL
|
+$656M |
| 5 |
Berkshire Hathaway Class B
BRK.B
|
+$526M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.7% |
| 2 | Consumer Discretionary | 1.66% |
| 3 | Financials | 1.18% |
| 4 | Communication Services | 1.07% |
| 5 | Healthcare | 0.95% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
RC
5176
CALL
Ready Capital
RC
$306M
| $1.94M | ﹤0.01% |
171,700
-9,000
| -5% | -$95K |
|
5177
Associated Banc-Corp
ASB
$6.11B
| $1.94M | ﹤0.01% |
119,280
-86,306
| -42% | -$1.42M |
|
|
SUPV
5178
CALL
Grupo Supervielle
SUPV
$705M
| $1.93M | ﹤0.01% |
621,700
+287,600
| +86% | +$706K |
|
5179
PUT
ProShares Short QQQ
PSQ
$636M
| $1.93M | ﹤0.01% |
36,580
-13,080
| -26% | -$766K |
|
5180
CALL
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$7.32B
| $1.93M | ﹤0.01% |
21,000
-21,100
| -50% | -$1.93M |
|
5181
Cal-Maine
CALM
$3.8B
| $1.93M | ﹤0.01% |
42,924
-116,958
| -73% | -$5.81M |
|
5182
Amplify Mobile Payments ETF
IPAY
$188M
| $1.93M | ﹤0.01% |
45,209
-22,528
| -33% | -$937K |
|
5183
PROG Holdings
PRG
$1.7B
| $1.93M | ﹤0.01% |
60,097
+4,343
| +8% | +$131K |
|
5184
CALL
Federal Agricultural Mortgage
AGM
$2.53B
| $1.93M | ﹤0.01% |
13,400
+7,500
| +127% | +$1.03M |
|
5185
Essential Properties Realty Trust
EPRT
$6.72B
| $1.93M | ﹤0.01% |
81,788
-25,672
| -24% | -$625K |
|
|
DVAX
5186
CALL
DELISTED
Dynavax Technologies
DVAX
| $1.92M | ﹤0.01% |
148,900
+49,300
| +49% | +$562K |
|
5187
Atomera
ATOM
$219M
| $1.92M | ﹤0.01% |
218,934
+109,444
| +100% | +$863K |
|
5188
Qiagen
QGEN
$8.87B
| $1.92M | ﹤0.01% |
40,207
+12,441
| +45% | +$600K |
|
5189
CALL
Waters Corp
WAT
$40.5B
| $1.92M | ﹤0.01% |
7,200
-20,600
| -74% | -$5.73M |
|
5190
PUT
Encompass Health
EHC
$12.2B
| $1.92M | ﹤0.01% |
28,300
+16,400
| +138% | +$1.03M |
|
5191
Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF
GUSH
$252M
| $1.92M | ﹤0.01% |
63,116
-173,796
| -73% | -$5.07M |
|
5192
First Trust Mid Cap Value AlphaDEX Fund
FNK
$233M
| $1.91M | ﹤0.01% |
41,894
+30,313
| +262% | +$1.31M |
|
5193
Madison Square Garden
MSGE
$4.04B
| $1.91M | ﹤0.01% |
+56,944
| New | +$1.95M |
|
5194
PUT
Marriott Vacations Worldwide
VAC
$4.16B
| $1.91M | ﹤0.01% |
15,600
-37,500
| -71% | -$4.85M |
|
|
COOP
5195
CALL
DELISTED
Mr. Cooper
COOP
| $1.91M | ﹤0.01% |
37,800
-129,700
| -77% | -$5.94M |
|
|
UDMY
5196
CALL
DELISTED
Udemy
UDMY
| $1.91M | ﹤0.01% |
178,200
-36,600
| -17% | -$349K |
|
5197
PUT
indie Semiconductor
INDI
$995M
| $1.91M | ﹤0.01% |
203,100
-180,200
| -47% | -$1.63M |
|
5198
Hancock Whitney
HWC
$6.4B
| $1.91M | ﹤0.01% |
49,738
-15,855
| -24% | -$589K |
|
5199
CALL
MarineMax
HZO
$1.15B
| $1.91M | ﹤0.01% |
55,800
+24,100
| +76% | +$709K |
|
5200
GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF
COMB
$151M
| $1.91M | ﹤0.01% |
92,257
+38,859
| +73% | +$810K |
|
Similar funds
Susquehanna International Group's Q2 2023 Portfolio in Review
As of Q2 2023, Susquehanna International Group held 13,811 positions worth $492B, up 4.6% from $470B the previous quarter. Its ten largest holdings account for 30% of the portfolio.
Susquehanna International Group withdrew a net $23.6B in Q2 2023, closing 1,867 positions and reducing 5,559 holdings. Its most notable exit was Vanguard Intermediate-Term Corporate Bond ETF, an estimated $45.5M position sold in full.
By sector, the portfolio is most concentrated in Technology at 2.7% of assets, up from 2.3% a quarter earlier, followed by Consumer Discretionary and Financials.
Against the trend, Susquehanna International Group opened a new position in State Street SPDR Portfolio Aggregate Bond ETF worth $32.9M.
- Susquehanna International Group's largest Q2 2023 buy was State Street SPDR Portfolio Aggregate Bond ETF: 1,297,445 shares worth $32.9M.
- Susquehanna International Group added most to NVIDIA in Q2 2023, an estimated $1.79B increase.
- Susquehanna International Group's biggest Q2 2023 reduction was Invesco QQQ Trust, cutting an estimated $2.48B.
- Susquehanna International Group fully exited Vanguard Intermediate-Term Corporate Bond ETF in Q2 2023, selling an estimated $45.5M.
- Susquehanna International Group's ten largest holdings make up 30% of its $492B portfolio in Q2 2023.
- Susquehanna International Group opened 1,370 new positions and closed 1,867 in Q2 2023.
- Susquehanna International Group's portfolio value rose 4.6% quarter-over-quarter to $492B.
Based on Susquehanna International Group's 13F filing for Q2 2023, filed 11 Aug 2023.